CFTC charges U.S. Service Member with insider trading in Nicolás Maduro-Related Event Contracts
The Commodity Futures Trading Commission today announced it has filed a complaint in the U.S. District Court for the Southern District of New York against Gannon Ken Van Dyke of North Carolina.
The complaint alleges that Van Dyke, who is an active-duty service member in the U.S. Army, engaged in insider trading on Polymarket.com using classified nonpublic information regarding U.S. operations to capture former Venezuelan President Nicolás Maduro and his wife, Cilia Flores (“Operation Absolute Resolve”).
In the complaint, the CFTC seeks restitution, disgorgement, civil monetary penalties, trading and registration bans, and a permanent injunction against further violations of the Commodity Exchange Act and CFTC regulations, as charged.
According to the complaint, from at least December 2025 through January 2026, Van Dyke was involved in the planning and execution of “Operation Absolute Resolve.” As a result of this involvement, Van Dyke acquired nonpublic classified or sensitive information concerning the “Operation.”
As a service member, Van Dyke owed to the U.S. government and the American people a duty of trust and confidentiality. In violation of those duties, between December 30, 2025, and January 2, 2026, Van Dyke used that information to purchase more than 436,000 “Yes” shares of the “Maduro Out by January 31, 2026?” contract listed on Polymarket.com.
The complaint alleges that Van Dyke, who used the Polymarket handle “Burdensome-Mix,” generated more than $404,000 in profits through his trading.
On April 23, 2026, the U.S. Attorney’s Office for the Southern District of New York announced the unsealing of an indictment against Van Dyke in the same court alleging conduct similar to that alleged in the CFTC’s complaint.

April 24, 2026 @ 9:27 am
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